Therefore, even unemployed individuals and College/University students are required to file back KRA Tax Returns in the form of a KRA Nil return. Failure to file back your KRA Nil returns attracts a hefty fine of Ksh. 20,000. So do not think that because you are unemployed or you are a...
iTaxhas become simple and easier. In Kenya, every registered taxpayer with a Personal Identification Number (PIN) obtained from the Kenya Revenue Authority (KRA) must file tax returns every financial year. Those who have no business or are not in gainful employment must file nil KRA tax ...
How to file your provisional tax return说明书 EXTERNAL GUIDE HOW TO EFILE YOUR PROVISIONAL TAX RETURN
You cannot file a Nil return in ITR-U. ITR-U cannot be filed when there is no additional outflow of tax. An additional tax shall be levied u/s 140B. The additional tax is 25% or 50% of the tax and interest due, depending on whether the ITR-U is filed within 12 or 24 months...
of the Tax Court held that a subsection 162(2.1) penalty should apply to non-resident corporations when they fail to a Canadian income tax return on time, even if they have no back-taxes for the relevant year. According to the author, the ambiguity that resulted from the Tax Court's ...
Tax tips Tax tips and video homepage Browse all tax tips Married filing jointly vs separately Guide to head of household Rules for claiming dependents File taxes with no income About form 1099-NEC Amended tax return Capital gains tax rate ...
GSTR-5Ais a return filed by online information and database access or retrieval service providers (OIDAR) providing services in India from abroad with the help of internet. It is mandatory to fileGSTR-5Aeven if there is nil tax return in the tax period. ...
After sending this message they will receive a six-digit code that will be valid up to 30 minutes. After that, they can confirm their Nil statement filing by sending: CNFR1 Received CODE to 14409. After completing the code validation process, the return will be filed and taxpayers will rec...
You will have to answer whether you want to file a nil annual return for that particular financial year or not. Answering the question to proceed to the next screen to file GSTR-9 You will then proceed to the next screen. Note:
After the deduction period which is always on the 20th day of every month for every return on VAT – Value Added Tax. Taxpayers can locate forms VAT 3 at any selected commercial banks but DTD offices receive Credit and Nil Returns. On a weekly basis, DTD offices also receive VAT Withholdin...